PUBLISHER: QYResearch | PRODUCT CODE: 1170010
PUBLISHER: QYResearch | PRODUCT CODE: 1170010
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Chrome Plated Bar market is projected to reach US$ 947.64 million by 2028 from an estimated US$ 649.78 million in 2022, at a CAGR of 6.49 % during 2023 and 2028.
China Chrome Plated Bar market size was US$ 24.97 million in 2021, while the US and Europe Chrome Plated Bar were US$ 83.06 million and US$ 339.36 million, severally. The proportion of the US was 15.68% in 2021, while China and Europe were 4.71% and 64.07% respectively, and it is predicted that China proportion will reach 5.53% in 2028, trailing a CAGR of 8.94 % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 6.44%, 6.03%, and 6.11 % respectively for the next 6-year period. As for the Europe Chrome Plated Bar landscape, Germany is projected to reach US$ 235.9 million by 2028 trailing a CAGR of 9.18 % over the forecast period.
The global main companies of Chrome Plated Bar include OVAKO, URANIE International, NIMET Romania, Guangdong Rekong, Jiangsu Xin He Yi Machinery, Valbruna, Swiss Steel Holding AG, Grimet Srl, Industrial Hard Chrome, Wuxi Shanshen, etc. In 2021, the global five largest players hold a share approximately 51.36 % in terms of revenue.
In 2021, C45 Chrome Plated Bar segment accounted for a share of 62.64% in the global Chrome Plated Bar market. And this product segment is poised to reach US$ 611.61 million by 2028 from US$ 331.79 million in 2021.
In Chrome Plated Bar market, the Agricultural Equipment segment holds an important share in terms of application, and it is expected to reach a revenue of US$ 357.83 million by 2028, at a CAGR of 7% during 2022 and 2028.
This report aims to provide a comprehensive presentation of the global market for Chrome Plated Bar, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chrome Plated Bar.
The Chrome Plated Bar market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Chrome Plated Bar market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Chrome Plated Bar manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.